Usage Note
mittelfristig occupies the planning horizon between kurzfristig (short-term, up to a year) and langfristig (long-term, many years). In German political and economic discourse it typically covers a 2-5-year span: mittelfristig sind keine Steuererhöhungen geplant ('no tax increases are planned in the medium term').
Examples
"Mittelfristig plant die Firma, eine zweite Niederlassung zu eröffnen."
Natural Translation
In the medium term, the company plans to open a second branch.
Literal Translation
Medium-term plans the company to open a second branch.
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